The Institute of Company Secretaries of India (ICSI) is preparing Company Secretaries and its members to handle mushrooming start-ups and embrace Artificial Intelligence (AI).

“The way businesses are being run especially with new changes and challenges sweeping across the ecosystem, it is time we need to gear-up to handle new concepts,” Ranjeet Pandey, president the Institute of Company Secretaries of India told BusinessLine .

“The new business concepts being introduced are how to guide start-ups, how to detect and minimise frauds and scams and to stay up breast with corporate governances as a conscious keeper,” he added.

ICSI in its national conference of practising company secretaries has introduce a session on start-ups and professional at its two-day national conference of practising company secretaries being held at here on July 5 and 6.

“ the national conference enters its 20th edition and is being held in Bengaluru after a gap of 12 years,” said Nagendra D Rao, Council Member, ICSI.

Pandey exemplified the need for constant upgrading of the existing skill set of the professionals. He said, “The theme for this year’s conference ‘Expanding Dynamics of professional excellence’ has been a thoughtful attempt of the ICSI to lend the members an insight into the upcoming alterations and challenges in the corporate scenario.”

“The sub-themes focussed on emerging areas of AI and Start-ups and expansion of existing activity base in secretarial audit are a forthright endeavour to strike a chord between the existing and expected role of professionals,” he added.

The conference will be addressed by regulatory body members like NCLT, MSME, SEBI and officials from Ministry of Corporate Affairs and will cover important topics - Secretarial Audit, Companies Act, SEBI (Listing Obligations and Disclosure Requirements) Regulations, Start-ups, Artificial Intelligence, Regulatory Expectations and Governance.

Company Secretaries and other professionals in Secretarial, Legal and Management disciplines shall be participating in the conference.

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